The Economic and Social Research Council has awarded The Centre for Competitive Advantage in the Global Economy (CAGE), £3.5 million to continue its research programme for another 5 year term.
The Centre, based in the Department of Economics, conducts research into comparative economic performance over time and across countries. That research is focused on how countries succeed in achieving objectives such as improving living standards, raising productivity, and maintaining international competitiveness, which are central to the economic wellbeing of their citizens.
A distinctive aspect of the Centre’s work is its commitment to economic history and the use of an historical perspective to illuminate current policy debates.
CAGE was originally awarded an initial 5 years of funding. The refunding is evidence of the success of the centre and the importance of its work.
Professor Nicholas Crafts, the Director of CAGE, said:
The focal point of CAGE will continue to be understanding how countries succeed in the global economy. We will sustain and develop our research into long-run growth performance, the determinants of well-being and escape from poverty, institutional reform and the political economy of managing change in a globalising world.”